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Reload this Page News, GM Auditors Raise the Specter of Chapter 11. (commission, bankrupt, company)
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Old 03-05-2009, 09:49 AM
 
Location: Michigan
29,391 posts, read 55,623,751 times
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General Motors Corp.'s auditors have raised "substantial doubt" about the troubled automaker's ability to continue operations, and the company said it may have to seek bankruptcy protection if it can't execute a huge restructuring plan.

The automaker revealed the concerns Thursday in an annual report filed with the U.S. Securities and Exchange Commission.

ABC News: GM Auditors Raise the Specter of Chapter 11
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